CRYPTO CRASH: Here's why billionaire John Paulson's 'worthless' call might be right
Paulson has experience exposing at least one notable financial scam. As the co-founder of the Carlyle Group, he was one of the hedge fund heavyweights who saw the corruption at the heart of the subprime mortgage industry and subsequently shorted the U.S. housing market before it tanked in 2007, earning himself a reported $4 billion.
And he seems to be just as skeptical about crypto.
“I wouldn’t recommend anyone invest in cryptocurrencies,” Paulson said during an appearance on Bloomberg Wealth with David Rubenstein Bloomberg TV.
“I would describe them as a limited supply of nothing. So to the extent there’s more demand than the limited supply, the price would go up. But to the extent the demand falls, then the price would go down. There’s no intrinsic value to any of the cryptocurrencies except that there’s a limited amount.”
https://finance.yahoo.com/news/crypto-crash-heres-why-billionaire
This thread has consistently maintained that crypto is not the future.
The dark truths will be revealed and it will be worthless overnight.
It's an inevitability.
popcorn-eatinggif
Mayne sportsm60 has changed his mind and now believes that your alleged sting operations did happen and do exist, that Hillary
was executed, that Bill Gates is next, that Biden has six body doubles who fill in for him, and those are just for starters!!
And of course that what he said back on June 14 about your being in need of deep psychological help for stuff like above
no longer exists because he has come around to your way of seeing things 100%!!
[h=1]“I Don’t Have a Firm Answer For You on That” – Fauci When Asked Why People with Natural Immunity Should be Required to Get Covid Vax (VIDEO)[/h]
https://twitter.com/i/status/1436395016612614174
https://twitter.com/i/status/1436395016612614174
What I got out of your posts as well as the others is that my iq is at least 50 points higher than yours is, that I am far better educated than you are,
can express myself infinitely deeper than you can, and once again that you have no REAL answers to the original questions
I asked of you as to whether you still think fpp/sbd is an idiot and needs psychological help as you stated on June 14.
You are as is fpp/sbd, your apparent new hero at least in some sense, a defenseless human punching bag and/or a glutton
for punishment!!
“Do not fear... America will be made great again!” ~ President Trump
<iframe id="twitter-widget-0" scrolling="no" allowtransparency="true" allowfullscreen="true" class="" style="position: static; visibility: visible; width: 550px; height: 480px; display: block; flex-grow: 1;" title="Twitter Tweet" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3NwYWNlX2NhcmQiOnsiYnVja2V0Ijoib2ZmIiwidmVyc2lvbiI6bnVsbH19&frame=false&hideCard=false&hideThread=false&id=1436648547978461184&lang=en&origin=http%3A%2F%2Fwww.therxforum.com%2Feditpost.php%3Fp%3D13583540%26do%3Deditpost&sessionId=a8517761181e4233cf4603cba3e57e394e0c716f&theme=light&widgetsVersion=1890d59c%3A1627936082797&width=550px" data-tweet-id="1436648547978461184" frameborder="0"></iframe>
<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
HE'S ALWAYS RIGHT!
Get ready for the "return".
popcorn-eatinggif<iframe scrolling="no" allowtransparency="true" src="https://platform.twitter.com/widgets/widget_iframe.f88235f49a156f8b4cab34c7bc1a0acc.html?origin=http%3A%2F%2Fwww.therxforum.com" title="Twitter settings iframe" style="display: none;" frameborder="0"></iframe>
<iframe id="rufous-sandbox" scrolling="no" allowtransparency="true" allowfullscreen="true" style="position: absolute; visibility: hidden; display: none; width: 0px; height: 0px; padding: 0px; border: medium none;" title="Twitter analytics iframe" frameborder="0"></iframe>
<iframe id="twitter-widget-0" scrolling="no" allowtransparency="true" allowfullscreen="true" class="" style="position: static; visibility: visible; width: 550px; height: 480px; display: block; flex-grow: 1;" title="Twitter Tweet" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=eyJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2hvcml6b25fdHdlZXRfZW1iZWRfOTU1NSI6eyJidWNrZXQiOiJodGUiLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3NwYWNlX2NhcmQiOnsiYnVja2V0Ijoib2ZmIiwidmVyc2lvbiI6bnVsbH19&frame=false&hideCard=false&hideThread=false&id=1436648547978461184&lang=en&origin=http%3A%2F%2Fwww.therxforum.com%2Feditpost.php%3Fp%3D13583540%26do%3Deditpost&sessionId=a8517761181e4233cf4603cba3e57e394e0c716f&theme=light&widgetsVersion=1890d59c%3A1627936082797&width=550px" data-tweet-id="1436648547978461184" frameborder="0"></iframe>
<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
HE'S ALWAYS RIGHT!
Get ready for the "return".
popcorn-eatinggif<iframe scrolling="no" allowtransparency="true" src="https://platform.twitter.com/widgets/widget_iframe.f88235f49a156f8b4cab34c7bc1a0acc.html?origin=http%3A%2F%2Fwww.therxforum.com" title="Twitter settings iframe" style="display: none;" frameborder="0"></iframe>
<iframe id="rufous-sandbox" scrolling="no" allowtransparency="true" allowfullscreen="true" style="position: absolute; visibility: hidden; display: none; width: 0px; height: 0px; padding: 0px; border: medium none;" title="Twitter analytics iframe" frameborder="0"></iframe>
